Japan’s Mitsubishi, U.S. partner to invest $1.8 billion in data centers

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Japanese trading house Mitsubishi Corp plans to set up a joint venture with U.S. data center operator Digital Realty Trust and build around 10 data centers in Japan by 2022 for 200 billion yen ($1.8 billion), the Nikkei said on Saturday.

Tokyo-based Mitsubishi expects the centers to help meet growing demand for information storage from customers of California-based Digital Realty and generate sales of around 20 billion yen to 30 billion yen in 2022, the business daily reported, without citing sources.

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The two companies could invest an additional 300 billion yen in the medium term, the Nikkei reported.

Mitsubishi could not be reached for comment.

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